Credit Strategist - Global Strategy & Capital Allocation (GSCA) - Liberty Mutual Investments

Credit Strategist The Credit Strategist develops top-down views across credit markets, primarily in the US, and translates them into portfolio positioning and allocation recommendations. The role focuses on relative value and beta across credit asset classes—including private credit (direct lending, capital solutions, ABF), structured credit, real estate debt, and public markets (HY, IG)—while ensuring alignment with broader cross-asset strategy. Responsibilities: 1) Credit Beta & Relative Value Develop a framework for expected returns, risks, and betas across credit markets Form views on spreads, defaults, liquidity, and structural premia Identify relative value across segments, capital structures, and geographies Ensure consistency of views across mandates 2) Portfolio Construction & Asset Allocation Translate views into portfolio positioning, sizing, and allocation tilts Help drive strategic and tactical asset allocation decisions Contribute to scenario analysis, stress testing Link credit with rates, equities, and real assets 3) Macro & Cross-Asset Integration Incorporate inputs from macro and ensure consistency of assumptions across growth, inflation, policy, and liquidity Translate macro views into coherent credit implications within a unified framework Partner with macro and equity strategists to refine, challenge, and deepen cross-asset views Identify inconsistencies across asset classes and surface implications for positioning 4) Market & Portfolio Monitoring Maintain a continuous view of markets and internal portfolio exposures Surface emerging risks (liquidity, spreads, concentration) and opportunities Ensure alignment between top-down views and actual positioning Provide timely recommendations to adjust exposures 5) Thematic Research Support key structural themes impacting credit markets Translate themes into portfolio actions and risk frameworks Provide independent synthesis and challenge across the platform 6) Communication & Decision Support Deliver clear, decision-oriented outputs for IC and senior leadership Present allocation views, relative value insights, and risk assessments Drive debate and alignment on portfolio positioning Qualifications: Investment Judgment: High-conviction views on credit markets and cycles Analytical Rigor: Strong quantitative and portfolio construction skillset Cross-Asset Thinking: Ability to link credit with macro and other asset classes Market Awareness: Real-time tracking of markets and exposures Communication & Influence: Ability to shape decisions across senior stakeholders Execution: Operates effectively across multiple strategies and time horizons Ideal Experience8–10 years in credit strategy, multi-asset investing, or portfolio management Experience across public and private credit markets preferred Track record of translating views into portfolio outcomes Technical ProficiencyStrong modeling skills Experience with data sources like Bloomberg, PitchBook, etc. Ability to quickly learn internal systems About Us: number of factors including skills, experience, education, certifications and location. The full salary range for this role reflects the competitive labor market value for all employees in these positions across the national market and provides an opportunity to progress as employees grow and develop within the role. Some roles at Liberty Mutual have a corresponding compensation plan which may include commission and/or bonus earnings at rates that vary based on multiple factors set forth in the compensation plan for the role. At Liberty Mutual, our goal is to create a workplace where everyone feels valued, supported, and can thrive. We build an environment that welcomes a wide range of perspectives and experiences, with inclusion embedded in every aspect of our culture and reflected in everyday interactions. This comes to life through comprehensive benefits, workplace flexibility, professional development opportunities, and a host of opportunities provided through our Employee Resource Groups. Each employee plays a role in creating our inclusive culture, which supports every individual to do their best work. Together, we cultivate a community where everyone can make a meaningful impact for our business, our customers, and the communities we serve. We value your hard work, integrity and commitment to make things better, and we put people first by offering you benefits that support your life and well-being. To learn more about our benefit offerings please visit: https://www.libertymutualgroup.com/about-lm/careers/benefits Liberty Mutual is an equal opportunity employer. We will not tolerate discrimination on the basis of race, color, national origin, sex, sexual orientation, gender identity, religion, age, disability, veteran's status, pregnancy, genetic information or on any basis prohibited by federal, state or local law. Fair Chance Notices California Los Angeles Incorporated Los Angeles Unincorporated Philadelphia San Francisco